https://www.taxtmi.com/forum/issue?id=105929 Cenvat credit is available for excise duty on capital goods and service tax on input services only to the extent those inputs are used for taxable output services; credits are inadmissible for exempted services. Where inputs serve both taxable and exempt outputs, credit must be restricted to and apportioned for the taxable portion, with Rule 6(2) and 6(3) providing allocation options and the basis for claiming credit being the proportionate use for taxable outputs. en-us Sat, 27 Jul 2013 16:30:43 +0530 Thu, 23 Jan 2025 15:57:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=105929 Cenvat credit is available for excise duty on capital goods and service tax on input services only to the extent those inputs are used for taxable output services; credits are inadmissible for exempted services. Where inputs serve both taxable and exempt outputs, credit must be restricted to and apportioned for the taxable portion, with Rule 6(2) and 6(3) providing allocation options and the basis for claiming credit being the proportionate use for taxable outputs. Discussion-Forum Service Tax Sat, 27 Jul 2013 16:30:43 +0530 https://www.taxtmi.com/forum/issue?id=105929